This article covers the new MSME definition, support provided to MSMEs, reduction in PF contributions and direct tax measures announced under Atma-nirbhar Bharat Abhiyaan economic package.
To better incorporate or revolutionise the way companies are registered in India, SPICe+ form will offer ten services by three Central Government Ministries and Departments.
The government of India has introduced various tax incentives for startups to flourish in India, which includes tax rebate for a 3-year period.